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Posts Tagged ‘Yahoo’

Morning Media Newsfeed: Digital First Mulls Sale | DirecTV to Launch Online Services

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Digital First Media, Second Biggest U.S. Newspaper Publisher, to Consider Sale (HuffPost / AP)
Newspaper company Digital First Media said Friday that it is exploring strategic options, which could include a sale of the company or parts of it. New York Post Chief executive John Paton said the publisher of the Denver Post, the Los Angeles Daily News, The New Haven Register and 73 other daily and Sunday papers is profitable and generates $1.2 billion of revenue. NYT Digital First has long suffered from the headwinds facing newspapers. One former division, The Journal Register Company, which includes papers like The New Haven Register and The Trentonian, filed for bankruptcy twice in the last five years. In April, the company announced that it was shutting down Project Thunderdome, a centralized newsroom that aimed to provide articles from around the nation and the world to the company’s 75 newsrooms. That closing resulted in layoffs for more than 50 people in the Project Thunderdome newsroom. Denver Post Digital First Media was formed in December 2013 with the merger of Denver-based MediaNews Group and the former Journal Register Co. It is the nation’s second-largest newspaper company, based on circulation, operating in 15 states, with 800 multi-platform news and information products, including 76 daily and Sunday newspapers and 160 weeklies. The company said it serves 75 million customers monthly. Poynter / MediaWire Ken Doctor reported in April that Digital First planned to sell its newspapers at the same time it shuttered Project Thunderdome. The company won’t set a deadline for the sale or report any developments “until the Board has determined whether it will proceed with one or several transaction(s), or otherwise concludes its review,” a news release said.

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Morning Media Newsfeed: AP Journalist Killed in Gaza | Williams 20/20 Special Draws 7.2 Million

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AP Video Journalist, Freelance Translator Killed in Gaza (FishbowlNY)
Simone Camilli and Ali Shehda Abu Afash — an Associated Press video journalist and a freelance translator, respectively — were killed in Gaza Wednesday while covering the conflict there. TVNewser Camilli, an Italian national, and Abu Afash, his Palestinian translator, were killed after ordnance left over from fighting in Gaza exploded. Following the news, AP president Gary Pruitt sent a note to the AP’s global staff about the dangers of their work. Associated Press / The Big Story Police said three police engineers also were killed. Four people, including AP photographer Hatem Moussa, were badly injured. Moussa told a colleague that they were filming the scene when an initial explosion went off. He said he was hit by shrapnel and began to run when there was a second blast, which knocked him out. He woke up in a hospital and later underwent surgery. NYT Camilli, 35, a video journalist based in Beirut, Lebanon, who started as an intern at The AP in 2005, was the first international journalist killed in the latest Gaza conflict. Abu Afash, 36, helped train local journalists through the Doha Center for Media Freedom and worked regularly with visiting foreign correspondents. BBC News The incident happened in the town of Beit Lahiya, in the north of the Gaza Strip. It came hours before a three-day ceasefire agreed between Israel and the Palestinians was due to expire. Some 2,000 people have died since the fighting in Gaza began on July 8. Those killed include more than 1,900 Palestinians, mostly civilians, according to the UN.

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Yahoo Names EICs for Health and DIY Sites

Yahoo logo GYahoo has hired Michele Promaulayko and Katie Brown as editors of Yahoo Health and Yahoo DIY, respectively.

Promaulayko comes to Yahoo from Women’s Health, where she served as editor-in-chief for the past five years. Prior to that, she served as executive editor of Cosmo for nearly a decade. Promaulayko begins August 25.

Brown is the host of the Katie Brown Workshop on public television. She has more than 15 years of experience in “decorating, home renovations, and entertaining,” according to Yahoo. Brown starts August 18.

Morning Media Newsfeed: Tribune Rebrands | Gannett to Split, Buy Cars.com

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Tribune Gets New Name Ahead of Split (TVSpy)
Tribune Company began operating under a new, but similar, name Monday: Tribune Media Company. The rebranding came as the broadcasting and publishing divisions of the 167-year-old company split. TVNewser Tribune Media Company includes Tribune Broadcasting, WGN America, Tribune Studios, Tribune Digital Ventures and Tribune Real Estate. Variety The overhaul comes with a new logo and corporate website. Tribune has labored under the cloud of bankruptcy and plunging ad revenues for years, leading to its fissure into two companies. Tribune’s papers, which include the Los Angeles Times and the Chicago Tribune, will begin trading Tuesday as a new company, Tribune Publishing. It will be listed under the symbol TPUB on the New York Stock Exchange. It has been saddled with $350 million in debt and faces a cloudy future as revenues and readership of newspapers continue to decline. THR Tribune Media CEO Peter Liguori has said the separation will allow investors to put money into either the broadcast or print assets of Tribune, or both. The spinoff is mindful of the split of Rupert Murdoch’s News Corp and 21st Century Fox. USA Today Tribune’s shareholders receive a quarter of a share of Tribune Publishing’s common stock for each Tribune share they own. After years of management turmoil and dealing with heavy debt, Tribune, based in Chicago, emerged from a four-year bankruptcy process in early 2013 with the intent to focus on broadcasting. In July 2013, Tribune announced early plans to spin off the publishing unit that would operate on its own without affecting the financial performance of its other, more profitable businesses.

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Ross Levinsohn Segues to Scout Media

Per Keith J. Kelly, there has been no shortage of high-level activity at Scout Media.

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The company secured backing from the Pilot Group, a venture capital fund headed by former AOL CEO Bob Pittman. It amalgamated North American Hunter, PGA Sports and other media assets from Pittman’s North American Membership Group. And this week, it welcomed a very recognizable executive chairman – former Guggenheim Media CEO Ross Levinsohn:

Levinsohn will once again be teaming up with James Heckman, Scout’s CEO and founder. Heckman had exited as head of global media strategy for Yahoo shortly after new CEO Marissa Mayer nixed his plan to aggressively remake the company.

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Morning Media Newsfeed: Time Warner Plays Defense | Netflix Hits 50 Million Subscribers

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Time Warner Cancels Shareholders’ Ability to Call Special Board Meeting, Guards Against Fox Acquisition (NYT / DealBook)
Time Warner is playing defense. On Monday, the company amended its corporate bylaws and removed a provision that allowed shareholders to call a special board meeting. In a filing with the Securities and Exchange Commission, Time Warner said the change was effective immediately. Variety The media company’s board approved a measure to temporarily prevent a fraction of shareholders, some 15 percent, from forcing a vote on 21st Century Fox’s $85 per-share offer, according to public filings. The so-called special meeting provision may be re-instated at the company’s 2015 shareholders meeting. Deadline Hollywood The fear was that Rupert Murdoch — or anyone — could have tried to stampede short-term investors into accepting a deal even if the board concluded that it would not serve their long-term interests. Time Warner shares were down 1.6 percent in post-market trading following disclosure of the change. THR Murdoch’s 21st Century Fox has bid about $80 billion to acquire Time Warner, but Time Warner’s board and CEO Jeffrey Bewkes have rejected the proposal. Some analysts predict that 21st Century Fox will eventually offer $100 a share for Time Warner. The conglomerate’s stock has climbed 23 percent in the past week on such speculation, and Monday it closed at $87.36. TVNewser People familiar with the original $80 billion proposal that was rejected said if 21st Century Fox took over Time Warner, it would sell CNN to prevent antitrust issues stemming from Fox News and CNN’s direct competitor relationship.

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Morning Media Newsfeed: Vargas Detained, Released | Abramson Books Two Interviews

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Jose Antonio Vargas Released From Federal Custody in Texas (TVNewser)
Jose Antonio Vargas, the Pulitzer Prize-winning journalist who was the focus of the recent CNN documentary Documented, was released from the custody of U.S. Border Patrol agents Tuesday evening. FishbowlDC Vargas was detained in McAllen, Texas Tuesday, days after speculating that he may be stuck in the border town. On Friday, Vargas wrote an essay for Politico, where he described his visit to a children’s shelter for Central American refugees. FishbowlNY Vargas was leaving the town to go to a screening of his film in Los Angeles when he was arrested. He was brought to a border patrol station for questioning. Supporters and members of the media gathered across the street, and were warned that if they approached the station any closer, they would also be arrested. HuffPost Vargas flew to the border last week to interview and film undocumented immigrants who have fled their home countries in Central America due to escalating violence. A TSA agent at the McAllen-Miller Airport initially cleared Vargas’ Philippines-issued passport when he attempted to board a flight Tuesday morning. He was placed into custody soon after, however, when he couldn’t produce a U.S. visa at the request of a border patrol agent. Politico / Dylan Byers on Media Vargas, who won a Pulitzer as part of a Washington Post team in 2008, has become an outspoken advocate for undocumented immigrants after “coming out” as undocumented in a New York Times story in 2011.

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Kara Swisher’s Stated Goal: One ‘Really Good’ Scoop Per Week

About a third of the way through Benjamin Wallace’s crackling New York magazine profile of 51-year-old tech journalist extraordinaire Kara Swisher, there are two reminders of how effectively she blankets her beat.

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Exhibit Re/a:

Swisher has heard of current Yahoo CEO Marissa Mayer holding a meeting in which she graphed the impact on Yahoo’s stock price of various Swisher posts.

Exhibit Re/b:

“It is a constant joke in Silicon Valley when people write memos for them to say, ‘I hope Kara never sees this,’” says Facebook’s [Sheryl] Sandberg.

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Morning Media Newsfeed: SI Scores LeBron James Scoop | The View Considers Cupp

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LeBron James Announces Cleveland Return Via Sports Illustrated (FishbowlNY)
Everyone in the sporting world — and many others outside of it — were awaiting word on where LeBron James would play next season, and Sports Illustrated got the scoop Friday. In an article by James (as told to SI’s Lee Jenkins), James explained his reasons for returning to Cleveland to play for the Cavs. LostRemote After the story went up, James posted on Instagram a photo of himself with the caption “I’m Coming Home.” #GoodforLebron and #Cleveland also started trending on Twitter quickly. TVSpy Cleveland CBS affiliate WOIO reported the news at 12:25 p.m. Friday, just after James’ announcement was posted to SI.com. “The newsroom is abuzz right now,” Paul Orlousky said. The station remained in coverage through the 1 p.m. hour. PRNewser Jenkins reportedly helped James write the essay Thursday night, and the mag didn’t let any of its advertisers know about what will almost surely be the biggest traffic driver in recent history. HuffPost “My relationship with Northeast Ohio is bigger than basketball,” James told Jenkins. “I didn’t realize that four years ago. I do now.” James, an Akron, Ohio native, was selected by the Cavs with the No. 1 overall pick in the 2003 NBA Draft. After reaching the NBA Finals just once in those seven seasons, James infamously announced that he would be joining the Miami Heat in July 2010 during a televised interview dubbed “The Decision.” Both James’ choice of team and his choice of venue for the announcement led to a virulent backlash in Ohio that included fans burning his jersey and a public repudiation from Cavaliers owner Dan Gilbert.

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Morning Media Newsfeed: Yahoo! Revives Community | AP to Automate Earnings Stories

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Community Picked Up by Yahoo! (LostRemote)
Greendale Community College is reopening its doors — on Yahoo! The cancelled NBC sitcom Community has been picked up by Yahoo for a 13-episode sixth season. Mashable Until recently, Community’s studio, Sony, had been in talks with Hulu about resurrecting the series following its May cancellation by NBC. NYT Community, which uses a study group at Greendale Community College as the jumping-off point for its self-referential story lines and pop culture obsessions, comes with a core audience of passionate fans. Those fans helped save the show from a previous threat of cancellation two seasons ago. Yahoo! Screen offers reruns of many shows, but Yahoo! has been putting more emphasis on adding original shows. WSJ In April, it announced the launch of 30-minute comedies Other Space and Sin City Saints, which will debut next year. In a time of “cord-cutting,” online services have helped attract subscribers with shows such as Netflix’s Orange Is The New Black and Amazon’s Alpha House. Deadline Hollywood The deal for Community extends Sony TV’s strong track record in bringing back cancelled series. The studio previously brokered a deal to move acclaimed drama Damages to DirecTV after it was cancelled by FX, and found a way to bring back on their original networks cancelled series Drop Dead Diva on Lifetime and Unforgettable on CBS. All three series have gone to air multiple seasons post-cancellation. What wasn’t immediately clear was how Yahoo! plans to make money from continuing the cult show online.

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